AMSTERDAM/BRUSSELS/LONDON, 3 September 2013
Power spot and clearing exchange APX today announces the volumes of its power markets for the month of August. A total of 6.98 TWh was traded and cleared on the exchange; volumes remaining steady year-on-year.
A total of 151,247 trades were placed across the APX power spot markets.
Volumes traded on the Power NL Day-Ahead auction remained unchanged from the previous months and recorded 3.98 TWh. The Dutch Intraday market experienced year-on-year growth with 31 GWh traded in August.
A total of 72,482 trades were registered on the Dutch power market in August.
The Belpex Day-Ahead auction reached 1.19 TWh traded in August. The Belpex Intraday market saw 29 GWh traded in August, slightly up from previous year.
A total of 24,349 trades were registered on the Belgian power market in August.
The Power UK market continued its strong performance and had a total of 1.75 TWh registered across the market, up by 13% year-on-year. The continuous market recorded a total of 1.07 TWh while 669 GWh was traded on the Power UK Day-Ahead auction in August.
Power UK OTC clearing registered 10 GWh.
A total of 54,284 trades were registered on the UK power market in August.
CWE Price Convergence
In August the entire CWE region had full price convergence for approximately 15% of the time. The Dutch market was connected 37% of the time with at least one neighbouring country (Germany or Belgium) and the Belgian market was converging with a neighbouring market (Netherlands or France) 91% of the time.
New Members Join the Belpex Market
Two new members, Freepoint Commodities Europe LLP and Enérgya VM Gestión de Energía S.L., joined the Belpex market during the month of August.
With these new memberships, the Belpex market now has 39 members.
In August, the Dutch power index for the Day-Ahead Market, APX NL DAM Index, had a monthly average price of €47.58/MWh. Belix, the index for the Belpex Day-Ahead Market, had a monthly average price of €37.68/MWh. The UK power index for the Day-Ahead Market, UKPX Auction Base Index, had a monthly average price of £47.08/MWh.
UKPX RPD Spot Base Load Index (derived from APX Power UK’s Reference Price Data (RPD)) had a high of £53.92/MWh on 1 August and a low of £37.76/MWh on 18 August.
UKPX RPD Spot Industrial Peak Load Index (also RPD-derived) had a high of £65.96/MWh on 1 August and a low of £40.42/MWh on 17 August.